A graph of credit and how it is contracting.

World GDP vs. Outstanding derivatives is scary!!

This is what happens when a COUNTRY has credit problems...not good.

We are all familiar with the situation in Greece: their debt is now approaching 120% of GDP and they appear unable to meet their debt obligations. The below explains the *latest* on the situation. It is interesting to see that credit problems are not limited to an individual. Greece, my friend, we need to have a talk about your credit habits!

The article can be found here:

http://www.businessweek.com/news/2010-05-26/greece-faces-debt-restructuring-or-default-mundell-hanke-say.html

BusinessWeek's Credit Advice/Improving Your Score.

From the BusinessWeek Article:

"These days, your credit history and credit score are the center of your financial life.

Your credit score governs whether you can get a mortgage, home equity loan or line of credit, and how much you'll pay for that mortgage. It also governs whether a company will insure you and how much you'll pay as your premium. And many employers will pull a copy of your credit history before making you an offer for employment. If your credit history is tarnished, you might find job offers evaporating."

I recommend perusing this article. Find it here:

http://bx.businessweek.com/consumer-credit-spending/view?url=http%3A%2F%2Fwww.ihavenet.com%2FPersonal-Finance-Rules-To-Improve-Credit-History-Raise-Credit-Score-IG.html

Watch where your credit card payments are going.

Is this happening to you?

"This means that credit card companies can apply minimum payments to balances with the lowest interest rates first, which many are doing. Discover and Bank of America, for instance, told Jen Stryker at Bankoholic that they are doing precisely this. The upshot for consumers, especially those who can make only minimum payments, is that it’s still hard to get rid of their most expensive debt."


Read more:

http://bucks.blogs.nytimes.com/2010/05/19/watch-out-for-a-credit-card-act-loophole/

A Special Report from the San Francisco Chronicle.

This is an excellent article on the importance of monitoring your credit.

This is unbelievable! See below:

"A 2007 Zogby poll showed that 37 percent of Americans have discovered incorrect information on their credit reports. Half of these people were unable to repair the damage. According to a January 2009 study by the National Consumer Law Center, about 25 percent of Americans have had their credit so damaged by such mistakes that they've had significant difficulty with credit-related transactions."

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/05/16/BUAM1CU4L6.DTL#ixzz0oFUsKRFU

Secrets to help you manage your credit Jennifer Waters's Consumer Confidential - MarketWatch

A great primer on the importance of good credit these days.

"Turns out our scores are not just a reflection of our ability, or lack thereof, to pay on time, but they tell a story of how we run our lives. If there's a blip in that story, say a 30-day late payment, the red flags pop up and all those years of paying dutifully can fall flat quickly."



Secrets to help you manage your credit Jennifer Waters's Consumer Confidential - MarketWatch

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Greetings and Introductions

THD Credit Consulting has helped many clients repair their credit reports by removing inaccurate, misleading, or unverifiable information. We have successfully challenged bankruptcies, charge-offs, tax liens, and judgments.

We are committed to improving your credit and will not stop until your scores improve! Guaranteed or your money back! We offer quality Credit Consulting services to all involved clientele. We specialize in assisting individuals in repairing credit reports. Through a careful analysis and review of one’s credit by our professionals, we can determine the necessary steps to proceed in helping individuals build better credit for tomorrow. Our services are fully legal, we’d go further but we can not deviate from the law.

The Certified Credit Consultants at THD Credit Consulting are dedicated to educating, reviewing, processing and most importantly, IMPROVING your credit! We know and have seen how important good credit is to conducting business. And let’s face it, unless you can pay cash for everything, you need credit. Further, we also know that the best way to save money is through improving your credit.

Look, EVERY penny counts so let us go to work for you!

We will:
1. Review your credit report (or will produce a copy of your report)

2. Analyze the details

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If you are concerned about your credit, the WORST thing you can do is ignore the situation! (read less)

THD Credit Consulting has helped many clients repair their credit reports by removing inaccurate, misleading, or unverifiable information. We have successfully challenged bankruptcies, charge-offs, tax liens, and judgments.

We are committed to improving your credit and will not stop until your scores improve! Guaranteed or your money back! We offer quality Credit Consulting services to all involved clientele. We specialize in assisting individuals in repairing credit reports. Through a... (read more)

Our goal is to help consumers improve and protect their Credit, to obtain more knowledge on their credit, debt, and finance.

After we reassess your credit, let us show you how much you can save on your loan!